China news from FierceFinance
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ALSO NOTED: More on Citigroup's new mortgage model;More on Goldman's planned investment in a China PE fund; and much more...
Company News:> Goldman Sachs forms venture to invest in housing projects. Article> Rumors about Countrywide Read more...
SPOTLIGHT: Merrill Lynch's quest for Capital
How bad is the capital crunch at Merrill Lynch? Well, even after news of its $6.2 billion infusion from Temasek and Davis Selected Advisers, it is apparently looking for more capital from investors Read more...
Blackstone's bid reflects China link
It was big news when the Blackstone Group announced it had sold a $3 billion stake in its management company to China's state investment agency. The thought was that the move would also open up new Read more...
Dealmaking in China: buying high
Deal-meisters sense a huge opportunity in China, and some are starting to act in gutsy ways. The Blackstone Group certainly has jumped on the opportunity. Not only has it inked a deal to sell a 9.4 Read more...
ALSO NOTED: Primer on SIVs; More on Citigroup's plans for research unit; and much more...
Company News:> More on Citigroup's plans for research unit. Article > Countrywide to work with Read more...
State-owned China banks on the rise?
There was a time when Japanese banks struck fear into the hearts of U.S. competitors. That era passed when the Japanese bubble popped. Is the same happening now with Chinese banks? Most of the news Read more...
China bank to bid for Bear Stearns
No one was surprised at the recent news that Bear Stearns was looking for an investor to buy up to 20 percent of the bank. No one should be all that surprised that China Citic Bank, owned by China Read more...
ALSO NOTED: Prudential sues State Street over bond funds; Goldman Sachs, Morgan Stanley tops in Asia; and much more...
Company News:> Prudential sues State Street over bond funds. Article > Goldman Sachs, Morgan Stanley tops in Read more...
Emerging market private equity booming?
Private equity investing has become global. Witness the investment by China in the Blackstone group and the Carlyle Group. The international Read more...
SPOTLIGHT: Private Equity Market in China
Over the last year and half, 11 renminbi-denominated private equity funds have been approved in China. The total value is just over $10 billion but that could grow. The deal landscape may change for Read more...